Friday, June 26, 2009

HVCC Moratorium Bill Introduced


UPDATED - Bill Text Added

On June 25, 2009, Representative Travis Childers from Mississippi introduced H.R. 3044. The bill title: To impose an 18-month moratorium on the Home Valuation Code of Conduct.

The text of the bill is not yet available on Thomas, but I'll post the pertinent information when it is available. If you do not want to wait for me, surf on over to THOMAS and type H.R. 3044 into the search box.

There is one co-sponsor as of now; Representative Gary Miller from California. Appraiser Active last mentioned him in THIS post.




A BILL


To impose an 18-month moratorium on the Home Valuation Code of Conduct.

1 Be it enacted by the Senate and House of Representa-
2 tives of the United States of America in Congress assembled,
3 SECTION 1. MORATORIUM ON THE HOME VALUATION CODE
4 OF CONDUCT.
5 During the 18-month period beginning on the date
6 of the enactment of this Act, the Home Valuation Code
7 of Conduct announced by the Federal Housing Finance
8 Agency on December 23, 2008, shall have no force or ef-
9 fect.

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